Airbnb cites remote work for record income, $1.5B in Q4 revenue
Company says it generated $6B total in 2021 as rapid changes to the travel industry propelled the company above pre-pandemic levels
by Taylor Anderson Feb 15
Single-family rental prices tripled their rate of growth in 2021
Annual rent price gains soared 7.8% in 2021, notching a record-breaking year amid a supercharged market, according to new data released Tuesday by CoreLogic
by Ben Verde Feb 15
How real estate agents can tap the lucrative Airbnb investing market
Airbnb property investing is quickly becoming the go-to arena for those wanting to dip their toes into a profitable market. Here's how to get in on working with these buyers
by Victoria Kennedy Feb 15
Rental tour app Showdigs aims for US expansion with $7.4M round
The apartment tours and tenant showings startup will leverage the funds for national expansion, which will include hiring and new agent partners. To date, Showdigs has raised $10M
by Craig C. Rowe Feb 15
RentSpree appoints new chief marketing officer
Channing Fleetwood will oversee RentSpree’s brand strategy, corporate communications and other projects
by Jim Dalrymple II Feb 14
The best markets for short-term rental investment in 2022: AirDNA
Analysis of 265 destination markets across the U.S. for short-term rental investment potential in 2022 determined that Maui, Hawaii, is No. 1
Boston nearly as pricey as San Francisco as rent soars everywhere
In Boston, rental prices have made such a resurgence that they could surpass legendarily high rent costs in San Francisco, according to recent data from Zumper
Out-of-towners are causing home prices to soar in relocation hotspots
Prices are up as high as 30% in some relocation hotspots across the Sun Belt, where 9 of the 10 most popular US relocation destinations are, according to a report from Redfin released Monday
by Ben Verde Feb 7
TikTok tenant rejected by landlord after unusual request goes viral
Would-be renter and TikToker Tom Cashman had his application for an apartment withdrawn after he made an unorthodox request from his future landlord: a reference from past tenants
by Taylor Anderson Feb 1
Cincinnati scores big win against institutional real estate investors
Port of Greater Cincinnati Development Authority outbid a dozen other investors to purchase 194 homes owned by an out-of-state investor
by Ben Verde Jan 28
Juniper Holiday & Home expands luxe rentals to more vacation spots
After building an $8.7 million portfolio in Michigan's most-coveted resort areas, Juniper Holiday & Home is eyeing areas in New York, South Carolina and Montana
by Marian McPherson Jan 26
Pandemic, remote work continue to fuel longer luxury vacation stays
For 2 luxury agents in Carmel-by-the-Sea, where vacation rentals must have 30-day minimum bookings, the longer vacation rental trend has been a nice boost to their business
by Lillian Dickerson Jan 26
Renters pay 300% of landlords' mortgages in Memphis: Study
The extent to which tenants' rent covers a landlord's mortgage can vary widely, according to a city-by-city breakdown of how much rent goes into paying property owners' own mortgages
by Lillian Dickerson Jan 25
Orlando, Las Vegas will be top investment markets in 2022: Study
Orlando and Las Vegas placed first and second in Marcus & Millichap's annual US Multifamily Index thanks to a high-level of job creation and household formation rates
by Benzinga Jan 21
Rent tallies biggest uptick in 2 years as potential buyers shift to rentals
Rents in December rose 14% year over year in the United States — their biggest increase in 2 years since the first cases of coronavirus were recorded, according to new data from Redfin
by Ben Verde Jan 21
Landlords, don't be fooled by high occupancy rates: RentPath
Property managers would do well to avoid the pitfalls of the 'occupancy fallacy,' or the notion that current high occupancy rates will alleviate long-term vacancy issues, RentPath says, because 'renter migration is the sleeping giant'
by Lillian Dickerson Jan 18